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Public Notices
Notice of Tax Revenue Increase

The City of Gainesville conducted public hearings on August 16 and September 6, 2016 on a proposal to increase the total tax revenues of the City of Gainesville from properties on the tax roll in the preceding year by 6.758025 percent.

The total tax revenue raised last year at last year’s tax rate of $0.697822 for each $100 of taxable value was $6,047,659.

The total tax revenue proposed to be raised this year at the proposed tax rate of $0.70503 per $100 of taxable value, excluding tax revenue to be raised from new property added to the tax roll this year, is $6,427,375.

The total tax revenue proposed to be raised this year at the proposed tax of $0.70503 per $100 of taxable value, including tax revenue to be raised from new property added to the tax roll this year, is $6,494,327.

The City Council of the City of Gainesville is scheduled to vote on the tax rate that will result in that tax increase at a public meeting to be held on September 20, 2016 at City Hall, 200 South Rusk Street, Gainesville, TX 76240, at 6:30 p.m.